Thursday, October 29, 2009

Thanks To Geithner, AIG Was Forced To Pay 100% To Creditors - With OUR Money.

Matt Taibbi says we should run Elizabeth Warren for president in 2012, and the more I read about how the since-appointed members of the Obama administration handled the financial crisis, the more I like the idea:

Oct. 27 (Bloomberg) -- In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and his colleagues worked nights and weekends negotiating with banks that had bought $62 billion of credit-default swaps from AIG,Source: Crooks and Liars RSS FeedSource: Crooks and Liars RSS Feed

No comments:

Post a Comment